Joshua Thomas Truba Sells 21,600 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Joshua Thomas Truba sold 21,600 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$13.11, for a total transaction of C$283,176.00.

NuVista Energy Stock Performance

NVA opened at C$13.01 on Wednesday. The company has a debt-to-equity ratio of 15.03, a quick ratio of 0.78 and a current ratio of 0.90. The company has a market cap of C$2.68 billion, a PE ratio of 8.08, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57. The stock has a 50-day moving average of C$11.49 and a 200-day moving average of C$12.65. NuVista Energy Ltd. has a 52-week low of C$9.59 and a 52-week high of C$14.86.

Analysts Set New Price Targets

Several research firms have recently issued reports on NVA. Jefferies Financial Group decreased their price target on NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating for the company in a research note on Monday, September 16th. Cormark upgraded NuVista Energy to a “strong-buy” rating in a research report on Monday, September 23rd. TD Securities decreased their target price on shares of NuVista Energy from C$17.00 to C$16.00 in a report on Tuesday, October 1st. National Bankshares raised NuVista Energy from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$14.50 to C$16.00 in a research report on Monday, November 11th. Finally, National Bank Financial raised shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. Eight equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$15.97.

About NuVista Energy

NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.